DE Burlo Group Inc. Boosts Stock Position in Stanley Black & Decker, Inc. (NYSE:SWK)

DE Burlo Group Inc. grew its holdings in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 90.7% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 147,800 shares of the industrial products company’s stock after acquiring an additional 70,300 shares during the period. Stanley Black & Decker accounts for 1.6% of DE Burlo Group Inc.’s portfolio, making the stock its 25th biggest position. DE Burlo Group Inc.’s holdings in Stanley Black & Decker were worth $11,867,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Ridgewood Investments LLC bought a new position in Stanley Black & Decker during the 4th quarter worth approximately $36,000. Cape Investment Advisory Inc. lifted its stake in Stanley Black & Decker by 107.2% during the fourth quarter. Cape Investment Advisory Inc. now owns 458 shares of the industrial products company’s stock worth $37,000 after purchasing an additional 237 shares during the last quarter. Millstone Evans Group LLC acquired a new position in Stanley Black & Decker in the fourth quarter worth $40,000. SRS Capital Advisors Inc. increased its stake in Stanley Black & Decker by 61.8% during the fourth quarter. SRS Capital Advisors Inc. now owns 521 shares of the industrial products company’s stock valued at $42,000 after purchasing an additional 199 shares during the last quarter. Finally, Montag A & Associates Inc. acquired a new stake in shares of Stanley Black & Decker during the fourth quarter worth $44,000. Institutional investors own 87.77% of the company’s stock.

Stanley Black & Decker Price Performance

Shares of NYSE SWK opened at $61.65 on Friday. The stock has a market cap of $9.53 billion, a P/E ratio of 31.78, a P/E/G ratio of 1.33 and a beta of 1.14. The firm’s 50-day simple moving average is $73.95 and its 200 day simple moving average is $83.71. Stanley Black & Decker, Inc. has a fifty-two week low of $53.91 and a fifty-two week high of $110.88. The company has a quick ratio of 0.37, a current ratio of 1.30 and a debt-to-equity ratio of 0.64.

Stanley Black & Decker (NYSE:SWK) last released its quarterly earnings results on Wednesday, February 5th. The industrial products company reported $1.49 EPS for the quarter, topping analysts’ consensus estimates of $1.28 by $0.21. Stanley Black & Decker had a net margin of 1.92% and a return on equity of 7.50%. Equities analysts expect that Stanley Black & Decker, Inc. will post 5.16 EPS for the current year.

Stanley Black & Decker Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 17th. Shareholders of record on Tuesday, June 3rd will be paid a dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a yield of 5.32%. Stanley Black & Decker’s payout ratio is currently 169.07%.

Analysts Set New Price Targets

Several research analysts have recently commented on the stock. UBS Group decreased their price target on shares of Stanley Black & Decker from $121.00 to $120.00 and set a “buy” rating for the company in a report on Friday, February 7th. Citigroup lowered their target price on Stanley Black & Decker from $135.00 to $118.00 and set a “buy” rating for the company in a report on Thursday, February 6th. Jefferies Financial Group initiated coverage on Stanley Black & Decker in a report on Wednesday, February 19th. They issued a “buy” rating and a $103.00 price target on the stock. Barclays dropped their target price on Stanley Black & Decker from $94.00 to $86.00 and set an “equal weight” rating on the stock in a research report on Wednesday, March 26th. Finally, Wells Fargo & Company lowered their price target on shares of Stanley Black & Decker from $95.00 to $90.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 7th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $102.20.

Stanley Black & Decker Profile

Stanley Black & Decker, Inc engages in the provision of power and hand tools, and related accessories, products, services and equipment for oil and gas, infrastructure applications, commercial electronic security and monitoring systems, healthcare solutions, and mechanical access solutions. It operates through the Tools and Outdoor and Industrial segments.